Warped
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although this was expected I didn't think Nintendo could last this long making 5/10 games for that long.
Nintendo Profits Dive 52 Percent in First Fiscal Half
I don't know if I can laugh at this picture anymore
I was also wondering, how many of you guys have Wiis and are you happy or sad with your purchase??
Nintendo Profits Dive 52 Percent in First Fiscal Half
http://www.1up.com/do/newsStory?cId=3176728Compelling proof that the Wii's meteoric rise is officially over.
By Kris Pigna, 11/01/2009
WiiNintendo has announced they've posted 69.49 billion yen ($772 million) in profits during the first half of the fiscal year spanning April to September, a whopping 52 percent drop from the 144.83 billion yen ($1.59 billion) profit they posted during the same period last year (via AP).
The earnings trail the 100 billion yen ($1.1 billion) Nintendo forecasted for the period back in May. This is forcing Nintendo to lower their full-year forecast of 300 billion yen profit to 230 billion yen, which would be down from the record 279.1 billion yen profit they raked in last year -- and would make this the first time in six years that Nintendo is predicting its profits to fall.
Six years is a hell of a run, but this is a clear indication that demand for the Wii -- once literally impossible to sate -- has cooled down considerably, with stacks of the system just as likely to be found at retailers as empty shelves were a couple of years ago.
But it's not exactly as if this is catastrophic news, as record profits obviously couldn't last forever. "It's just not realistic for them to repeat what they did last year," said KBC Securities Japan director Hiroshi Kamide. The recent Wii price cut and holiday season are also expected to boost sales, but the overall impression is clear: For Nintendo, it looks like this may just be the fabled "new normal."
I don't know if I can laugh at this picture anymore
I was also wondering, how many of you guys have Wiis and are you happy or sad with your purchase??